First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 12-Month High – Time to Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $96.73 and last traded at $96.48, with a volume of 248773 shares trading hands. The stock had previously closed at $93.91.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.4%

The company has a market capitalization of $15.29 billion, a PE ratio of 30.11 and a beta of 0.94. The stock’s fifty day moving average price is $89.28 and its two-hundred day moving average price is $75.67.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.0721 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.29 annualized dividend and a yield of 0.3%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Hedge funds have recently made changes to their positions in the business. Aurora Private Wealth Inc. bought a new stake in First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at about $914,000. Dunhill Financial LLC raised its holdings in First Trust Nasdaq Cybersecurity ETF by 8.7% in the fourth quarter. Dunhill Financial LLC now owns 103,229 shares of the company’s stock worth $7,451,000 after buying an additional 8,232 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 723.3% in the fourth quarter. SG Americas Securities LLC now owns 11,534 shares of the company’s stock worth $824,000 after buying an additional 10,133 shares in the last quarter. Sun Financial Inc bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth approximately $611,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 169.2% during the fourth quarter. Farther Finance Advisors LLC now owns 30,789 shares of the company’s stock valued at $2,200,000 after buying an additional 19,353 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Company Profile

The First Trust NASDAQ Cybersecurity ETF (CIBR) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund tracks a liquidity-weighted index that targets companies engaged in the cybersecurity industry. CIBR was launched on Jul 7, 2015 and is managed by First Trust.